Adi Talwar
Banned Plastic Bags in use in New York City, mid January 2022
Vendors and advocates say increased city enforcement is hampering the industry’s recovery, as workers continue to see fewer sales since the pandemic began.
There’s no question 421a has fueled development—nearly 117,00 units built since 2010 have qualified for the abatement. But over the past two years, the vast majority of income-restricted units were priced for people earning far more than the city median income.
The settlement comes as legislators and organizers in New York rally for proposed legislation called Fair Pay for Home Care, which would increase the minimum wage for home healthcare workers by 150 percent.
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